Projects
BCCM National Mutual Economy Report

Client:

Business Council of Co-operatives and Mutuals (BCCM)

Location:

Australia

Sector/s:

Employment, For Purpose

Service/s:

Industry analysis

Co-operative and Mutual Enterprises (CMEs) contribute billions to the Australian economy and play a vital and quantifiable role locally and internationally

The Business Council of Co-operatives and Mutuals (BCCM) is the national peak body for co-operatives and mutuals in Australia. The 2021 report is the eighth annual report on the scale and performance of the Australian co-operative and mutual sector released by the BCCM.

The report maps the size, composition and overall health of the sector using the Australian Co-operative and Mutual Enterprise Index – a research project by the University of Western Australia.

In 2021, SGS joined as a research partner for the report. Using input-output modelling, and survey responses from across the CME sector, we estimated the CME sector’s total direct and indirect economic contributions. The results were impressive.

In a year marred by natural disasters and the onset of the COVID-19 pandemic heralding a halt to international trade and global recession, the direct and indirect benefits of CME businesses were far-reaching:

The total revenue for the top 100 co-operative and mutual enterprises, or CMEs, was $32.8bn.
Australian CMEs combined gross assets of more than $1.1 trillion, including super funds.
CMEs directly employed at least 70,000 Australian workers but facilitated the employment of 180,000 people.
In agriculture alone, CMEs facilitated the operations of more than 24,000 member businesses.

Download the report